Blog about gold, gold markets, gold currency….

Tag Archives: Lastest

Oil Outperforms Amid Stock Market Sell-off As Crude Supplies Sink
We take a look at the latest developments in the oil market, including charts of all the major inventory categories. The Department of Energy reported that in the week ending May 31, U.S. crude oil inventories decreased by 6.3 million barrels, gasoline …Read more on Seeking Alpha

Stock Market Rally Fizzles as 2Q13 Corporate Earnings Growth Fades
The stock market is down 500 points in just over a week…does this mean the Dow Jones Industrial Average has finally topped out? Corporate earnings are weak; we know that. So far for the second quarter of 2013, more than 80% of the companies in the S&P …Read more on Business 2 Community

Dozens of economists say they fear no stock bubble
Even with a few tiny hiccups this year, the S&P 500 index /quotes/zigman/3870025 SPX is up 14% year-to-date, the Dow industrials /quotes/zigman/627449 DJIA is up 15%. Of course, there is … But Jerry Webman, chief economist at OppenheimerFunds, quoted …Read more on MarketWatch (blog)

Ag markets seemed confused Thursday morning
Prices dipped again in overnight activity. Traders are probably worried that a sustained stock market decline from recent highs bodes ill for the global economic outlook in late 2013, which might hold similar implications for cotton demand and prices.Read more on agprofessional.com

Why Japan's stock plunge unnerved Wall Street
The sell-off was a reminder that market's that run up fast and furious, as the Nikkei had done, having risen 45% in 2013 before Thursday, can correct sharply in a hurry. The stock price plunge was fueled by a sharp rise in the benchmark Japanese 10 …Read more on USA TODAY

Market Plummets on Weak Economic Data
Several weak economic reports sent the stock market plunging on Wednesday to its lowest level in a month. Mining, banking and chemical companies, and other businesses with fortunes tied closely to prospects for growth, led the market lower. That is a …Read more on New York Times

Market's Dramatic Reversal Doesn't Appear to be a Fluke
A recovery from a midday sell-off saved the Dow industrials' record of “more-than-a-five-month streak” (The Wall Street Journal) without a drop of three consecutive sessions. The sell-off appeared to be due to a sharp drop in the U.S. dollar versus the …Read more on Investorplace.com

3 Guarantees for the Stock Market Today
One thing that you'll find in the stock market today has always been there: volatility. On any particular day, the market can soar or swoon. A glance at the Dow Jones Industrial Average's biggest one-day gains and losses confirms this: On each of two …Read more on Motley Fool

Stock market jumps on report of steady job growth last month
Steady growth in hiring last month sent the stock market sharply higher. The Dow Jones industrial average had its best day in five months. It rose 207 points, or 1.4 percent, to close at 15,248.12. That gain was surpassed this year only by its 2.4 …Read more on The Seattle Times

Average silver prices could decline to /oz this year – CPM Group
New York-based commodities research consultants, CPM Group, forecast that silver prices will weaken further this year, “weighed down primarily by the increased price sensibility among investors.” “Prices could potentially decline as low as $ 24 during …Read more on Mineweb

Silver Stock Price Update for Today, May 24
Silver stock prices for today, Friday, May 24, 2013. This is an overview of how silver mining stocks are performing. Silver Wheaton Corp. (NYSE:SLW) is currently trading at $ 22.74 down -1.52% in today's trading. SLW is trading -12.63% below its 50 day …Read more on MarketsNTrade

Sprott Is Bullish on Silver—and Gold—Equities
Sprott Silver Equities Class Co-Manager Maria Smirnova understands the power of leverage. She has seen the big impact even a slight increase in the silver price can have on silver producers. Every cent is multiplied and goes right to the investor's …Read more on SilverSeek.com

Gold & Silver Market Morning
And, what's more retail buyers won't see this as a crime and will buy this gold freely. The government will be happy because they will be able to report their policy a success based on reported numbers. Meanwhile, Dubai's gold sales will rise as that …Read more on Gold Seek

Gold Seen Crushed as Credit Suisse Forecasts 00 in Year
“Gold is going to get crushed,” Deverell told reporters in London today. “The need to buy gold for wealth preservation fell down and the probability of inflation on a one- to three-year horizon is significantly diminished.” Investors are losing faith …Read more on Bloomberg

Buy Gold On QE Exit News
1. After the 1929 crash, the US Treasury & the Fed workedtogether. They revalued gold, and begana program of quantitative easing (QE). 2. Eight years later, in 1937, the Fed started tightening credit byraising interest rates, and America plunged back …Read more on Gold Seek

Gold Prices May Fall Even More But Chinese 'Grannies' Continue To Invest For …
“Most of us are not buying gold to make money, but are keeping gold long-term for the next generation. We are looking at the long-term value of gold,” said Weng, noting that she doesn't need cash at the moment so she will continue to buy gold. Tong Min …Read more on International Business Times

US Banks Buy Gold Futures in Dramatic Position Change
HOUSTON – We thought we would share with our readership an important change in the positioning of large U.S. banks in the monthly futures-only Bank Participation Report (BPR) issued by the Commodity Futures Trading Commission (CFTC). The most …Read more on Gold Seek

Is it time to buy Gold miners?
The precious metals mining sector was slammed with Gold's sharp drop in prices in April. Mining companies are more “pie in the sky” than owning actual bullion, so mining shares typically move much more sharply than Gold does (see the figure below …Read more on Gold Seek

Czech Republic – Factors To Watch on June 4
… States and other Group of Seven countries see For real-time stock market index quotes click in brackets: Warsaw WIG20 Budapest BUX Prague PX News editor of the day: Jan Lopatka on +420 224 190 474 E-mail: prague.newsroom@thomsonreuters.com …Read more on Reuters UK

Barclays looks for value energy stocks, finds ConocoPhillips, Suncor
Barclays also upgraded ConocoPhillips shares to overweight, raising its price target on the stock to $ 80 from $ 67. ConocoPhillips will rely on its “unmatched North American unconventional oil portfolio” to get better returns for its investments …Read more on MarketWatch (blog)

Projects and recovery to power PTC India stock in coming years
Despite a small jump in share prices due to fundamental improvements in the fourth quarter, PTC India continues to trade at compelling valuations. In addition to the current earnings, investors also need to calculate the embedded value because of its …Read more on Times of India

Enough With This Obsession With Stock Prices — It's Ruining America
This narrow measure of company performance, which evolved into a religion in the 1990s, holds that what's good for a company's stock price is also what's good for the company, the company's customers and employees, and the economy. So, today, the …Read more on Business Insider

Ski-Doo maker BRP prices IPO at .50 a share
MONTREAL — The maker of Ski-Doo snowmobiles says its initial public offering has been priced at $ 21.50 per share — giving the company a market value of about $ 2.5 billion. BRP Inc., which will list the shares under the TSX symbol DOO, expects to …Read more on Montreal Gazette

Penny stocks in the stock market today: Trading penny stocks isn't a random …
Penny-Stocks If you're flipping a penny, there's a 50/50 chance it will land with heads facing up and a 50/50 chance tails will be facing up. If I were betting against you – heads I win a dollar, tails you win a dollar, after several rounds neither of …Read more on NYSE Post

QE And Stock Markets: Boom Or Crash?
The image below plots the evolution of the stock market in the months that followed both episodes. The Dow Jones Index is rebased to be equal to 100 the month when interest rates started going up — I also provide the previous 12 months to get a …Read more on Seeking Alpha